City Council Study Session Agenda and Packet 2004 10 12

Home Browse Search

DPS \56925 \478939.02 DRAFT CITY OF LOUISVILLE ORDINANCE provided that the undergrounding shall extend for a minimum distance of one (1) block or 750 feet, whichever is less, or as may be mutually agreed by the parties. Upon mutual agreement of the Company and City, funds from such allocation may be utilized for the purposes of undergrounding overhead electric transmission facilities in the City. No relocation expenses which the Company is required to expend pursuant to Article 4 shall be charged to this allocation. Any unexpended portion of the one percent (1 %) of such Electric Revenues shall be carried over to succeeding years and, in addition, upon request by the City, the Company agrees to anticipate amounts to be available under the preceding paragraph for up three (3) years in advance. Any amounts so advanced shall be charged against otherwise available amounts which would have been expended in succeeding years until such advance is eliminated. The final decision as to which projects are selected for undergrounding rests with the City, subject to the provisions of this Article. The specific scheduling of such projects rests with the Company, which shall make every reasonable effort to complete such projects within the time requested by the City. §9.2 Relocation Expenses Not Charged Against Remaining Balances. No. relocation expenses which the Company is required to expend pursuant to Article 4 shall be charged against the balance remaining in the existing underground fund, nor shall the City be responsible for such costs. §9.3 System -Wide Undergrounding Costs. If the Public Utilities Commission requires a system -wide program or programs of undergrounding electric distribution facilities at Company expense, the City shall not be responsible for paying the costs of any undergrounding pursuant to such program. §9.4 Review of Undergrounding Projects. The City and the Company shall mutually plan in advance the scheduling of approved undergrounding projects to be undertaken according to this article as part of the review and planning for other Company construction projects. -12-